Quantcast

Will County Gazette

Saturday, November 23, 2024

Lockport taxpayers give $3.6 million in Municipal Sales Tax in 2021

4edited

Lockport taxpayers paid $3.6 million in Municipal Sales Tax in 2021, according to Illinois tax records.

This is an increase over the year before when $2.8 million was collected.

The Municipal Sales Tax is collected for municipal governments' use.

Illinois is the highest taxed state in the US.

A 2021 study from Wallet Hub found Illinois taxes are 38.95 percent higher than the national average.

Illinois governor J. B. Pritzker is accused of adding more than $5.2 billion in new or higher taxes since coming into power in early 2019. As a business owner, he has a fortune of more than $3 billion, largely based on his family's wealth and connections.

Municipal Sales Tax collected in Lockport in recent years
YearAmount Collected% Change from Previous Year
2021$3,620,34427.4
2020$2,841,1526.1
2019$2,678,617-2.7

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS